DeFi Intel

Monad blockchain

L1-blockchain · PageRank 0.0022

Source: coindesk.com

Overview

Monad is a layer-1 blockchain designed for high throughput and EVM compatibility. It uses parallel execution and a pipelined architecture to process transactions efficiently, aiming to support decentralized applications (dApps) and DeFi protocols.

Within the DeFi Intel graph, Monad connects to 3 tracked entities, most strongly to Wormhole Sunrise (Solana liquidity gateway), Wormhole, Wormhole Foundation (2023 spinout).

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).

RelationConnected entityConfidence
integratesWormhole Sunrise (Solana liquidity gateway)95%
integratesWormhole90%
deployed_toWormhole Foundation (2023 spinout)60%

More on Monad

Frequently asked questions

What is Monad?

Monad is a layer-1 blockchain that is fully compatible with the Ethereum Virtual Machine (EVM) and implements parallel execution to increase transaction throughput.

How does Monad achieve high performance?

Monad uses optimistic parallel execution, where transactions are executed simultaneously and conflicts are resolved post-execution, combined with a pipelined architecture across its node operations.

What is the consensus mechanism of Monad?

Monad uses a delegated proof-of-stake (dPoS) consensus mechanism, with validators selected by token holders to produce blocks.

What is Monad connected to?

In the DeFi Intel knowledge graph, Monad is linked to 3 other tracked entities, most strongly to Wormhole Sunrise (Solana liquidity gateway), Wormhole, Wormhole Foundation (2023 spinout).

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